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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Post by tylerreddickon Jan 04, 2024 8:44am
209 Views
Post# 35810176

Shorts having to pay the dividend

Shorts having to pay the dividendI laugh at the clowns who think the shorts suffer because they have had to pay the dividend. How much money have the shorts made as the share price collapsed? A heck of a lot more than the puny dividends they had to pay.

And yet GXE continues to borrow to pay that useless and unsustainable "dividend". 
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